Nevada King Gold Corp. (NKG:TSXV)
Atlanta is a rare near-surface oxide deposit grading above 1.0 g/t Au, hosting 1.02Moz at 1.14 g/t (M&I) plus ~99Koz Inferred, with potential to grow into a multi-million-ounce system across the 130km2 property.
The project is past-producing, located on private land in Nevada, and supported by strong infrastructure. Recent oxide-focused M&A in Nevada highlights the strategic value of deposits like Atlanta.
Management and insiders own ~38%, with additional institutional backing such as Franklin Templeton (~5%), creating strong alignment with investors as the project advances.
Nevada King trades at a discount compared to its Nevada peers, offering a meaningful valuation discount with rerating potential as exploration continues.
Investment Summary
Nevada King is focused on advancing and growing its 100% owned, past-producing, 130km2 Atlanta Gold Mine project located along the Battle Mountain trend in southeast Nevada. The project hosts an NI 43-101 compliant pit-constrained oxide resource of 1,020Koz Au in the measured and indicated category (27.7Mt at 1.14 g/t) plus an inferred resource of 99Koz Au (3.6Mt at 0.84 g/t).
Company Description
Research
